Globally, different countries are embracing the usage of blockchain technology. This is due to the benefits it offers to various sectors of the economy. The Nigerian crypto and blockchain advocacy group SIBAN has announced guidelines for all VASPs. The goal is to promote regulation and innovation in the blockchain and crypto sectors. Safeguarding The Nigerian…
Since the advent of BTC mining, miners have stored most of the Bitcoin they mined. Then, the cash flow was enough to handle expenses since Bitcoin’s price was high. As miners mined Bitcoin, they saved a large portion and used the rest to finance their operations. Unfortunately, the recent market crash is forcing miners to…
KenGen, an energy company in Kenya, has good news for BTC miners. The company has excess renewable energy, which it is willing to sell. Additionally, the firm stated that over 86% of its power is renewable. The report states it is mainly from a geothermal source. Also, the company has rentable land at its power…
At the start of June, the crypto market was bullish. Unfortunately, as of the 2nd of June, prices have dropped. Solana is not left out. Last week, the altcoin was down due to an outage in the blockchain. Consequently, this affected its trading price. The currency received much attention on the 27th of May after…
Europe’s top regulator warns that increasing inflation might push investors to the inspector. Meanwhile, the agency stresses that an imbalance exists in crypto regulation in Europe. Therefore, the regulator believes EU countries need a common crypto regulatory framework. ESMA Says Inflation Might Push Investors To Cryptocurrency The European Securities and Markets Authority (ESMA) has shifted…
Francisco GavidiaUniversity recently conducted a survey in El Salvador, where it is based. The private institute’s Center for Citizen Studies discovered that almost half of the people of Salvador who participated in the survey still prefer to use the dollar, as opposed to Bitcoin, which has also been made legal tender in the country. NayibBukele,…
If we look at the price KuCoin Token (KCS) from May 20, we will see that its price was able to hit and break above the $15.61 price. The particular price is the 20-day EMA for KuCoin Token and the bulls were able to hold their ground for a while. The journey from May 20…
In the running week, the overall cryptocurrency sector has started experiencing a rebound after a long downtrend. If you have been connected with the cryptocurrency industry, you would know how badly it had been performing. The overall performance of the cryptocurrency industry since the beginning of 2022 has been awful. This is the reason why…
No matter the cryptocurrency you look at in the cryptocurrency industry today, you will witness its price getting chopped. The year 2022 hasn’t been proving to be very pitiful or lenient on the cryptocurrency sector and the month of May is no exception. Ripple’s Alarming Situation While the overall cryptocurrency industry is going through the…
The year 2022 seems to have redefined the gaming sector by adding decentralized finance to the industry. Towards the end of 2021, the gaming companies as well as the blockchain-based platforms knew that the gaming industry would evolve with the integration of blockchain technology. This has laid the foundation of a new sector within the…
In the past few days, TRON has found itself experiencing a bullish trend. The bullish performance has helped it earn some spotlight among the rest of the major cryptocurrencies. During the particular period, the trading price of TRON oscillated around $0.07. This is where TRON witnessed significant demand from the investors. As TRON continued gaining…
There was a time when Bitcoin had nothing to do with the stock exchange markets. However, in 2021, many companies launched exchange-traded funds (ETFs) for several cryptocurrencies. Among all the ETFs, it was Bitcoin that had the highest number of ETFs launched. This meant that Bitcoin had gained mainstream adoption and was being traded through…
In recent months, Bitcoin (BTC) has come under a lot of fire and pressure in a number of cases. However, the most notable ones are the ones related to regulatory compliance, global inflation hikes, and an increased rate of interest in the US. To make things worse, Bitcoin also managed to get itself on the…
Dogecoin’s (DOGE) price has recently experienced a bounce. The data shows that on May 18, the bears pulled Dogecoin’s price down to $0.08, and that is when the bulls came into action. The bulls showed that they were not going to let the bears win that easily. Despite the stronger bearish sentiments, the bulls are…
A wedding of its kind, which took place entirely virtual, took place in the global village city of Dubai. Wedding formalities such as signing of wedding contracts till the exchange of wedding rings, all took place virtually. A couple recently tied into a marriage relationship found no better way to become husband and wife but…
On May 8, the entire world got to know the severity and impact of a single cryptocurrency going down. As the terraUSD (UST) experienced the crash, it took the entire cryptocurrency industry with it. UST’s price experienced over 70% demise from May 8 to May 12. Even now, when the trading price of the USD-pegged…
When a new company launches, it chooses a space and a customer base it wants to target. The majority of the companies want to gain worldwide recognition or at least within their region. Gaining such recognition allows them to make a public appearance, so they go for a stock exchange market. From there, the company…
If you think that the year 2030 is decades away then you’ll be surprised to learn you will be proven wrong in the next eight years. The reason why the year 2030 is being mentioned here is that crypto may not pass the particular year. Situation Looks Dire for Shiba Inu A recent survey has…
From the beginning of the year until now, the past couple of weeks has proven to be the most alarming for the cryptocurrency industry. Whether Bitcoin or any altcoin, their prices are not even close to the analysts’ estimations. In the past week, several stablecoins faced a similar issue where they lost their pegs. The…
Many countries are widely accepting cryptocurrencies in different means. After European countries, the Middle East Region has welcomed digital currencies by granting leading exchanges licenses and accepting crypto payments in various shops. Recently, the Central African Republic has taken the first step toward accepting cryptocurrency. And the act is quite bold as it has announced…
